Facebook discussed cashing in on user data, emails suggest

Social network staff apparently conversed about removing data restrictions for big ad spenders Facebook staff in 2012 discussed removing restrictions on user data for companies who were able to spend upwards of $250,000 on mobile advertising, before ultimately deciding to apply a uniform policy restricting such access two years later, according to a tranche of internal emails released by the UK parliament. The internal emails were obtained by the Commons digital, culture, media and sport committee last month after they had been disclosed, under seal, by Facebook as part of an American software developer, Six4Three’s lawsuit against Facebook. Read full story